eGain (EGAN) Tops Q1 EPS by 4c

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Go back to eGain (EGAN) Tops Q1 EPS by 4c

eGain Reports 40% Growth Year over Year in SaaS Revenue (46% growth under ASC 605)

November 8, 2018 4:23 PM EST

SUNNYVALE, Calif., Nov. 08, 2018 (GLOBE NEWSWIRE) -- eGain (NASDAQ: EGAN), a leading provider of cloud customer engagement solutions, today announced financial results for its fiscal 2019 first quarter ended September 30, 2018.

Ashu Roy, eGain CEO, commented, Our SaaS and subscription revenue grew nicely in the first quarter. We also generated $3.3 million in operating cash, helping us achieve GAAP profitability for the quarter.  Our pipeline is strengthening around our exciting virtual assistant offering. We look forward to hosting customers, partners and thought leaders at eGain DX18 in Chicago next week.

Adoption of the New Revenue... More